Phys.org – Economics & Business

Late winter and early spring have been marked by wild weather sweeping large parts of Australia, damaging homes and businesses and causing power outages.This post was originally published on this site

Severe weather costs the global economy billions of dollars a year, highlighting the costs of climate change and the value of mitigating extreme weather, according to a new analysis of weather and economic data.This post […]

Nearly 1 in 5 people in the world lives in poverty. Even in many developed countries such as the U.S., poverty rates exceed 12%. In an age of breathtaking technological progress and dynamic social change, […]

The latest consumer inflation report indicates that grocery prices have stabilized, yet the perception of high food costs lingers for many.This post was originally published on this site

Next time you pick up a package of coffee or a pack of toilet paper, take a closer look. You might notice the package looks familiar, but what is inside has subtly diminished. This is […]

The US stock market took a tumble early in August 2024 as fears rose of an economic slowdown. Then a few days later calm was restored, reminding us how quickly things can change in the […]

Economist Milton Friedman’s influential maxim, that a company’s sole obligation is to maximize profits, is outdated. Many companies have voluntarily integrated social concerns into their business operations through corporate social responsibility, or CSR, policies for […]

Companies with emotionally intelligent managers are not only nicer places to work, but also make more money, new research says.This post was originally published on this site

It’s no secret that the composition of the American economy is changing. As the manufacturing sector continues to decline, the balance is slowly tipping even further away from goods and towards services. In line with […]

People love rankings—but do they really mean all that much? Sometimes they do, depending on several factors, according to Wyatt Lee, assistant professor in the Nolan School of Hotel Administration, in the SC Johnson College […]